July 7, 2019 / 10:45 AM / 14 days ago

Saudi airline flyadeal won't continue with Boeing 737 MAX order

DUBAI (Reuters) - Saudi Arabian budget airline flyadeal will not proceed with a commitment to order 30 Boeing 737 MAX jets, the planemaker said on Sunday.

“We understand that flyadeal will not finalize its commitment to the 737 MAX at this time given the airline’s schedule requirements,” Boeing said in statement.

The commitment, which included additional purchasing options for 20 MAX jets, was worth $5.9 billion at list prices, Boeing previously said.

Reporting by Alexander Cornwell; Editing by Elaine Hardcastle

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